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Resolution No. 08-14 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 08-_/� RESOLUTION APPROVING BUDGET AMENDMENT #10 TO THE FY -2007-08 BUDGET INCREASING APPROPRIATIONS BY $105,000 IN THE TECHNOLOGY BUDGET WITHIN TIIE CENTRAL SERVICES FUND TO REFLECT TIIE ADDITIONAL ANTICIPATED COSTS IN FY 2008-09 ASSOCIATED WITH TIIE IMPLEMENTATION OF A NEW FINANCIAL, HUMAN RESOURCE AND RISK MANAGEMENT SYSTEM. WHERE AS, The City Council previously approved a contract with SunGard Bi-Tech LLC in the amount of$715,83 for the licensing and implementation of a new financial, human resource and risk management system; and WHEREAS, 5310,000 is currently appropriated in FY 2007-08 for this purpose, with the remaining $405,000 in the FY 2008-09 Proposed Budget; and WHEREAS, rapid progress is being made on this project, and without a budget amendment the appropriations will be insufficient to cover the anticipated costs through June 30, 2008; and WI IEREAS, an increase in the FY 2007-08 appropriations for this project will decrease the amount needed for FY 2008-09 and will therefore not increase the overall cost of the project. NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that: SECTION 1: The FY 2007-08 Budget is hereby amended as shown in Attacl-unent A to d-iis resolution to transfer $105,000 from the Central Seivices Fund contingency to the Technology budget to provide sufficient appropriations to continue this project without interruption in the current fiscal year. SECTION 2: This resolution is effective immediately upon passage. PASSED: This f day of `A')CLLC-� 2008. Mayo - City of Tigard ATTEST: ��--�Gze1- City Recorder- City of Tigard RC,SOLUTION NO. 08 - Page 1 City of Tigard Attachment A Fiscal Year 2007-08 Budget Amendment #10 Original Revised Revised Revised Budget Amendment Budget Central Services Fund Resources Beginning Fund Balance $1,133,734 $1,133,734 Total Revenues 46,000 46,000 Transfers In from Other Funds 6,338,072 6,338,072 Total Resources $7,517,806 $0 $7,517,806 Requirements Pohcv&Administration Program 4,756,442 4,756,442 General Government 1,913,301 105,000 2,018 301 Program Expenditures Total $6,669,743 $105,000 $6,774,743 Contingency 700,000 (105,000) 595,000 Total Budget $7,369,743 $0 $7,369,743 Ending Fund Balance 148,063 148,063 Total Requirements $7,517,806 $0 $7,517,806